Saturday, April 20, 2024

Tesla wants to woo China customers with cheaper cars after Musk defers India visit plan

Tesla Inc. has reduced vehicle prices in China amidst stiff competition. Tesla had earlier introduced incentives in China to attract consumers, countering competition from BYD. Musk meanwhile deferred his India visit, which was aimed to tap into a new market amid declining sales and stock prices.

from Auto-Industry-Economic Times https://ift.tt/w04lOES

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